Across
- 3. the freedom of individuals and businesses to regulation.
- 7. A sub deviation under assets, liabilities, or owner's equity that summarizes the changes and shows the balance for a specific item.
- 8. Anything of value that a business or person owns and therefor controls
- 9. Money or other property provided for the purpose of making a profit
- 11. a legal entity that is separate and distinct from its owners
- 12. Businesses made to make money for other businesses
- 14. an index of all of the financial accounts in a company's general ledger
- 16. The income earned from selling goods or services
- 18. Money
- 24. clerk
- 25. Selling style
- 30. The removal of cash or another asset from a business by the owner for personal use
- 32. a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
- 33. the side of the account that is positive or increasing
- 34. an entry recording an amount owed, listed on the left-hand side or column of an account
- 35. a formal arrangement by two or more parties to manage and operate a business and share its profits.
- 36. Sells service like plumbing
- 37. an event that involves a financial transaction between different parties
- 40. A business that provides a variety of accounting services including the independent audit
- 42. The owners claims to to the assets of the business
Down
- 1. a written grant by a country's legislative or sovereign power, by which a body such as a company, college, or city is founded and its rights and privileges defined.
- 2. the graphical representation of a general ledger that records a business' transactions
- 4. Amounts owed to creditors; the claims of creditors to the assets of a business
- 5. a record of a business's financial transactions
- 6. A business or person whom money is owed
- 10. an entry recording a sum received, listed on the right-hand side or column of an account
- 13. Legal right to a an item
- 15. A licensed professional who has met certain education and experience requirements and passed a national test
- 17. The total financial claims to the assets of a business
- 19. The amount of money owed ,or payable , to the creditors business
- 20. entry level job that can very from specializing in one thing to doing a wide range of tasks
- 21. are the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers
- 22. financial loss or losing money
- 23. An agreement to pay for a fir purchase at a later time; an entry on the right side of an account
- 26. The accountant relationship between assets and the two types of equities assets = liabilities + owner’s equity
- 27. Mass production
- 28. Do not produce a separate business entity
- 29. Businesses made to make money
- 31. entry accounting every financial transaction has equal and opposite effects in at least two different accounts
- 38. a financial gain or making money
- 39. The cost of goods or services used to operate a business
- 41. The review of a company’s accounting systems and financial statements to confirm that they follow generally accepted accounting principles